{"id":474852,"date":"2021-10-28T19:00:34","date_gmt":"2021-10-28T19:00:34","guid":{"rendered":"https:\/\/wncen.com\/?p=474852"},"modified":"2024-06-11T07:47:13","modified_gmt":"2024-06-11T07:47:13","slug":"by-the-numbers-1000-in-shib-worth-now","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/shiba-inu-coin\/by-the-numbers-1000-in-shib-worth-now\/","title":{"rendered":"By The Numbers: What $1000 In SHIB Is Worth Now"},"content":{"rendered":"

Shiba Inu’s latest rally has taken the coin to a profit of 1000% over the last month. Here’s how much money you would have made if you had invested $1000 during different points in SHIB’s history.<\/p>\n

Shiba Inu Is Up 1000% In The Last Thirty Days<\/h2>\n

The entire crypto market has been rallying up this past month and many coins, including Bitcoin<\/a> and Ethereum, have set new all-time highs (ATHs).<\/p>\n

But the most impressive of all has to be Shiba Inu’s rally<\/a> that has taken the coin up 1000% over the last thirty days alone.<\/p>\n

The DOGE clone’s gains have been the talk around the crypto community these past few days and people have been wishing they had invested into it earlier.<\/p>\n

So, how much money would they have made if they had indeed invested earlier? Well, here is, in pure numbers, how much $1000 in the memecoin would be worth today if the coin was bought…<\/p>\n

Five Days Ago<\/h3>\n

SHIB is up around 112% over the last five days so that the $1000 investment would turn into $2120 by today. That’s more than double the initial value.<\/p>\n

That’s great, but the gain doesn’t sound too absurd in crypto terms. So let’s go back a little further to…<\/p>\n

One Month Ago<\/h3>\n

As mentioned before, the coin is up 1000% in the last month alone. This means that if someone had invested $1000 into the coin at that time, then the same would be worth $11,000 today.<\/p>\n

Related Reading |\u00a0Bitcoin Exchange Balances Decline To Three-Year Low Amid Rising Prices<\/a><\/strong><\/em><\/p>\n

Okay, that’s amazing, but what if someone had invested even earlier? Like…<\/p>\n

Maybe Eleven Months Ago?<\/h3>\n

A Twitter user puts into perspective, just how much $1000 in the crypto that was bought eleven months ago would be worth today:<\/p>\n

https:\/\/twitter.com\/scoinaldo\/status\/11346178?s=21<\/p>\n

$1.2 billion from just $1000 means this is a 119999900% increase over the initial investment! Now, THAT is impressive.<\/p>\n

Related Reading |\u00a0Why Shiba Inu (SHIB) Rallied 266% Following Biggest Dump In Its History<\/a><\/strong><\/em><\/p>\n

There is someone who did a real trade like this, but that was done even earlier, over 400 days ago. This Twitter user explains it:<\/p>\n

\n

This wallet bought roughly $8,000 of $SHIB<\/a> last August.<\/p>\n

It's now worth $5.7 billion. <\/p>\n

From $8,000 to $5.7 billion in roughly 400 days. <\/p>\n

We may actually be looking at the greatest individual trade of all time. pic.twitter.com\/LtdgQ83bKP<\/a><\/p>\n

— Morning Brew \u2615\ufe0f (@MorningBrew) October 27, 2021<\/a><\/p><\/blockquote>\n